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June 29, 2011

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bmkennedy57@yahoo.ca

totally untrue; it is now July 28th in the Okanagan, one day before the August long weekend, and gas prices soared 10 cents a litre this morning; get real!

lol

ALWAYS GOES UP FOR PROFIT GREEDY!

Gordon

Whenever gas prices rise and fall, this is due to demand. Before long weekends alot of people generally fill up, when this execeds production the gas prices will usually go up to slow down the demand till producton catches up. By how much?... thats when the speculators come into the picture...

J

Only now, the price doesn't go down after the long weekend but remains high till the next long weekend then whamo...up again.

Ken Venhuizen

the hogwash the oil industry prints is based upon so called research. When we Canadians see every day being price gouged we don't believe the research and although it may make the oil industry feel good Canadians know everything said by the oil industry is a lie. Pricing is set to create an unrealistic amount of profit and greed to oil companies execs and CEO. Bottom line - greed is what rules the industry especially at Petro Canada. All we have to do is look at current price of oil and realize past pricing would see a 30 cents per litre reduction in the cost at the pump as compared to today. so CEO's step and admit your greed and price gouging and be the leaders you are suppose to be and tell the truth.

newf

Speculators should never be allowed to influence business or markets.I feel they set fear and unnecessary increases and turmoil. How often does anything positive come out of their predictions? Are they really necessary in the whole picture, unless you have a major stake in the profits.

Tyler Schenn

Shocker!!! the price of fuel jumped for the August Long weekend, and then again for every weekend that the weather forecast was nice...even bigger surprise, it hasnt gone back down yet!!!

I guess with the tumble of the price of oil and the so-called reduction in fuel consumption by Canadians, its really costing alot more to produce a liter of fuel...

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PumpTalk is a blog created by Petro-Canada, a Suncor business, to share information and engage in discussion about a number of topics, such as fuel efficiency and product responsibility. In our weekly posts, we discuss subjects that we believe are important and are of interest to drivers everywhere. Here you’ll find posts on gas prices, reducing fuel costs, sustainability, auto industry innovation, and vehicle safety and maintenance, as well as posts on climate change as it relates to the energy industry and our shared responsibility.

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